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The US economy started 2016 with some positive news, after the Labor Department revealed that 292,000 jobs were created in December.

The latest figures mean that the country's unemployment rate stayed at the seven-and-a-half-year low of 5%. And numbers for October and November showed that 50,000 more jobs were created than previously thought.

Looking at the final quarter of 2015, the US economy created an average of 284,000 jobs a month.

The data adds to evidence the the US economy is back of track and growing well, at a time when there are real concerns over growth in China. The Federal Reserve raised interest rates in December, for the first time in nearly 10 years, after it was satisfied the economy was strong enough to cope.

It wasn't all good news for jobs at the end of 2015, however. Around 8,000 jobs were lost in the mining sector in December. It meant that a massive 129,000 jobs were lost in the sector during 2015.